Property prices for sale in Coachella (California)
The prices in real estate in Coachella, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Coachella has increased strongly during the last 6 months. In October, the average price per sq.feet was $288. In November this price pretty much remained the same at a value of $282 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $285 to $280.5 per sq.feet. The price per sq.feet has had a considerable increase of 4772 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $282.75 to $13,493.5 during February, and March.
Based upon to the price in Coachella (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $575,928. In November This price remains at $574,781. During the following two months (December, January) the average price had a considerable reduction of 83 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $720,320 they are 59 % more affordable than the average price for Coachella. The properties with the highest average price have 2 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 4 bedrooms priced at $881,012.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $269 / sq.feet, with an average $26,707 / sq.feet price in Coachella. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 4 bedrooms with a price at $386 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $720,320 it is 35 % cheaper than the average price in Coachella. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $475,218 it is 139 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $273 / sq.feet followed by "House" priced at $292 / sq.feet. "Land" is the most costly type of property with a $192,067 / sq.feet cost followed by "House" with an average price of $292 / sq.feet.
